Richmond Palladium (Daily), Volume 34, Number 242, 9 July 1909 — Page 8
THE RICHMOND PAIXAIIUiI AlflD St5W-TEIECilfcAM, FRIDAY, .TUTiY 9, 1909.
ESHDIEE BQODS OF Tilt C. UL WERE PODCHASED
Action Taken by Hollins Taken As Indication That Receivership of Road Will Be Lifted Soon. DEAL WILL REALIZE HAWLEY'S AMBITION Securing of the Road Will Make It Possible for Railroad King to Have TransContinental Line. - New York, July 9. For a long time the affairs of the bankrupt Chicago, Cincinnati and Louisville have been a matter of small importance, but by the announcement of H. B. Hoi lis & Co. that they have secured a majority of its general and refunding first mortgage bonds, interest in the property is suddenly revived. That there is "something in the air" is a prevalent belief. The discharge of the receiver at a comparatively early date would cause no great surprise. May be Terminated. The receivership begun in February, 1908, may be terminated by the sale of the property under the hammer. It may have been in anticipation of this that the Hollins firm has been quietly accumulating a majority of the general mortgage bonds. Of these there are $3,016,000 outstanding. The. f mainder of the bonded debt is made up .of divisional liens on . the three sections which ' comprise the , system, as follows: Cincinnati and Indiana Western, $600,000; Cincinnati, Richmond and Muncie, $1,804,000; Chicago and Cincinnati, $750,000; total, $3,154.000. The balance of the road's liabilities is made up principally of $1,000,000 receiver's certificates, about $700,000 miscellaneous debt, which has been created since the receivership, and, therefore ranks ahead of the bonds; about $1,000,000 notes and equipment trusts, and $4,206,000 stock. In some quarters it Is held that the participation of Hollins '4b Co. in the affairs of the road suggests agency for another party as yet unmentloned. It is pointed out that no one could use the Chicago, Cincinnati and Louisville .W WWW H V I I II n T SU " -ley. The acquisition of the road would mean connection between the Chesapeake and Ohio at Cincinnati and the Alton at Chicago. 1 Counting the traffic alliance recently entered into with the Kansas City, Mexico and Orient, it 'would mean that' Hawtey had at least attained his supposed long-cherished ambition for a transcontinental railroad! stretching from ocean to ocean. ; Sold Less Than Debt. Those who make this forecast base their assumption on the ground that the property will be sold at auction for less than its.net debt of $7,870,000, or else an apsetprice will be fixed by the court which will not exceed this figure. In this case the purchaser of the bonds would be the nearest to the property after the transfer, and he would have to pay nothing on the stock. 1 But there are also good arguments to back the 'Contradictory opinion that the Hollins people are acting solely for themselves, with no thought of any profit outside of a banker's commission or, the protection of some IPaumtts IPaumtts Richmond's tmost extensive line of newest swdl up-to-date pants, tteffulax 3.00 Villi No More. No Less. c 1 An Iron dray pin on South Gth St., between G street and Whelan's Feed Store. Return to 0. G. ISLAM Feed csd Seed Store as. ct st, in
MD'ST
Chicago, Cincinnati and Louisville
bonds which they may have picked rap some time ago- For Instance, the Chicago, Cincinnati and Louisville Is a well built road, easy of grade and straight of alignment, and it la hardly likely that the property would go for as low a figure as $7,870,000. Looked ;at from this angle, there seems to be no reason why a prospective purchaser should enter into a deal with parties who cannot now deliver the property, when he might just fae wn wait for the sale and make a bid to the court. All parties to the transaction deny that there is any special significance to the matter. H. B. Hollins & Co. say they are - acting independently, and others ordinarily well informed concur. The fact that negotiations are pending between the owners of the majority of the bonds and the holders of the stock control implies that there is no scheme afoot to wipe out the latter1 equity. Yet behind everything there stands out the fact that the Chicago, Cincinnati and Louisville would make a most excellent little road to connect two systems terminating at Cincinnati and Chicago. ALOU TARIFF BILL IS PASSED BY U. S. SENATE (Continued From Page One.) meaning thereby that seven great republican states demand that the house and senate conferees shall generally stand by their respective reduction? and that a bill shall be reported from conference for which all republican and protectionists can vote, the president can sign, and the people will approve. - Attack Nettles Aldrich. Senator Aldrich became plainly nettled by Mr. Beveridge's criticism He asserted in so many words that a man belonged to his party and that independence was entirely out of place. On a memorable occasion in a great convention of the republican harty he had seen prominent republicans, who like Senator Beveridge. believed that their individual views were the views of the party, rise and walk out of the convention, but the republican party had survied. In voting against the bill, Mr. Beveridge and his colleagues were merely recording their individual views. He declared the Indiana representative had no right to speak for the president. "This bill," he added, "carries out every pledge made by the republican party. If any republican senator desires to vote against it because of his individual views, he may do so, but he can not speak for a majority of the republican ' party without hearing a protest from me." Denounced by Crawford, i, ! ' Senator Crawford jumped to his feet when Mr. Aldrich finished and denounced the chairman of the committee and the men who had "slavishly" supported him. . He was followed by Senator Clapp, who vigorously defended Mr. Beveridge and the course pursued by the insurgents. V: The 'debate was closed by Senator Nelson who remarked that It would take more than the senator from Rhode Island to read the state of Minnesota out of the republican party. The bill as it passed the senate last night is a triumph of standpattism. It furnishes no evidence of consideration having been given to the expresed wish of the country for real and effective tariff revision or for the promises that President Taft made last summer. r It has raised rates upon necessaries as well as luxuries and its administrative provisions have provided for an enforcement which is certain to squeeze the importer and, in the last analysis, the consumer. The country now must base its hopes upon the conference committee which will be organized in the next few days by the two houses. The membership of this committee as contemplated by Senator Aldrich and Speaker Cannon Indicates clearly that no relief can be secured unless direct pressure be applied by President Taft. President Promises Influence. The president has announced repeat edly that he would not interfere with the independent consideration of the bill by each house. But he has prom ised that when the conference began he would use his influence to secure reductions. It has been believed gen erally that he would seek to have the house agree to the decreases made by the senate and the senate accept the lower rates of the house. But the way the standpatters were talking tonight proves that they do not propose to make the concessions which such a program contemplates. They feel that they , have behind them substantial majorities in both branches of congress. What reductions they will agree to will be those which have been Incorporated in the bill for the purpose of trading. The duties they really want and set out from the beginning to obtain they propose to fight to the bitter end. How Senate Has Run Mad. As an indication of how the senate has run mad in boosting the tariff rates, Senator La Follette of Wisconsin obtained an official estimate from the bureau of statistics comparing the bill as passed by committee ' of the whole in the senate and the statute known as the Dingley law. These estimates are based upon importations of 1907. I have arranged them in tabular form in order that the comparison may be more easily appreciated. Difference between the finance committee bill and the Dingley law: Increases. ." . . -i . . . ... .$102,000,000 Decreases .. .. .. .. .. .. 66,000,000 Difference' between senate bill and Dingley law: Increases, numbering 24S.. $145,125,000 Decreases numbering 529. 93,529,000 Changes made by the senate: Increases. . . . . .$44,125,000 Decreases . 27,520,000 K Estimates are particularly valuable la showing the senate's temper with
respect to tariff revision. Such proof was hardly necessary, but Senator LaFollette and the other progressive senators who have been fighting for lower rates desired to present to the country tangible proof of the character of the work done by Senator Aidrich and his followers. 'These men have labored day 'and night to secure concessions and they continued their campaign up to the last roll calL
Lap Duster Sale at factory prices. Jones Hardware Co. DOCTORS STARTS A nous wait on DISEASE CARRIER (Continued From Page One.) all residences against the entrance of the fly. The breeding places of the flies will also have to be eliminated in order to accomplish the desired result. Manure boxes, garbage cans and trash boxes should be screened in odrer to prevent the entrance of the fly for de positing of eggs. The society also will urge the frequent removal of all garbage, trash and the like. "Unlearned Layman. Members of the profession agreed that while Mr. Foulke's recent edi torials on medicine are laudatory in some instances, that they were also filled with criticisms unfair and unfounded. They physicians were agreed that Mr. Foulke was an "unlearned layman" on the subject as he himself confessed. Dr. J. M. Wampler, one of the older practicing physicians, read a letter sent to Mr. Foulke in which he an swered some pf these criticisms from a professional standpoint He showed how groundless were some of Mr. Foulke's allegations and his letter was also to the effect that Mr. Foulke was entirely ignorant of the facts. Dr.' Wampler with the consent of the councillors of the Sixth district and Dr. A. L. Bramkamp, secretary of the local society, invited Mr. Foulke to be present at the next meeting at which time the editorials were to be discuss ed more completely. Transmission of Diseases. "The house fly is distinguished by a terminating in two large labral lobes, and retractal within the oval cavity, the proboscis, enclosing only two internal setae. "There are seven different varieties of flies found in our homes, 98 per cent of which are the common house fly. Their activity extends over a few weeks of the summer, after which the most of them are frozen or killed by moulds and other parasites. The few which hibernate and come out in the spring are noticeable in this climate about the middle of June. Lay Eggs Soon. "These flies soon begin to lay eggs. These eggs ' are long and white and hatch in from six to eight hours. "The larvae which are white pointed maggots grow rapidly, cast their skin twice and under favorable conditions reach full growth in four or five days. "The outer skin then becomes hard, swells up, turns dark brown in color, and within It the true pupa is found. In about five days the adult fly issues forth from a round hole in the anterior end of the brown covering. The total time required for a single generation is about ten days, and the number of generations are said by some authorities to be as high as twelve during the summer. Breed in Filth. "The number of eggs laid by each female fly during the season is about 1,000. The eggs are laid in manure, generally that of the horse, or in decomposing matter of any kind, vegetable as well as animal. "The fly subsists on sputum faecal juices and the slime and dirt that stick to exposed surfaces. "Their proboscis through which they feed is connected with, an extremely active salivary gland capable of pouring out a large quantity of saliva, which the flyfl projects against a dry surface, swallowing the subaequet solution. Naturally solid particles, living organisms, parasites, and eggs, small enough may pass into the digestr lvo tube. Bacilli of different types and eggs of the nematode (tapeworm) have been observed in the proboscides' stomach, intestinal tract and defecations. The time that particles remain In the digestive tract of the fly is from 12 to 23 days. Are Large Breeders. "Flies are large breeders. It Is estimated that one female fly's progeny amounts up to sixtilllon in one season. Every privy, every open window, every dead animal in the streets, expectorations of people infected or not recovered from any infectious disease, the nares of scarlet fever and diphtheria patients, in fact, all conditions where pathogenic bacteria or ntestinal paracites may openly exist, make possible and even probable the spread of disease by flies. "Carrying of disease by flies has engaged the attention of sanitarians for a decade or more. As in-reports of the health officer of the District of Columbia, June 30, 1805, he states that flies may carry to our food supplies infectious matter gathered from box privies, and from other exposed faecal deposits. In 1888 Celli had shown that flies fed with pur culture of typhoid fever excreted the germ in a virulent form. While at the A. M. A. meeting In June, I heard General Sternburg say that he suspected that flies were the cause of the spread of Infectious diseases as far back as 1868." Lap Dusters at factory prices. Jones Hardware Co. Small Lilian's father was very homely, asd one day she said: "Mamma, why did you marry papa?" "Because 1 loved him, dear,' was the reply, "Mamma,' continued Lilian, love will make ua . women so anything, won't iqr, --
350 Nemo Corsets Sold in 1907
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SELF-REDUCING FRANK R. ADAMS MAKEU DENIAL Says Indianapolis Woman Who Committed Suicide . Not His Wife. WAS CALLED BY MISTAKE WHEN TOLD OVER PHONE THAT WOMAN WAS MRS. FRANK B. ADAMS, HE EXPLAINED HE WAS NOT MAN WANTED. Following a telephone conversation the purport of which is not known, with a man by the name of Hess, a traveling salesman, who frequently makes this city, Mrs. Elizabeth Adams, wife of Frank B. Adams plunged a paring knife in her breast yesterday afternoon at her apartments in the Pasedena flat at Indianapolis. She afterwards died at the hospital from the effects of the wound. In an effort to locate her husband the Indianapolis authorities called up tbe Westcott hotel, where he frequently stops. Frank R. Adams claiming his home at Chattanooga, Tenn., was stopping at the hotel and he was called to the phone. He, according to an Indianapolis ac count, said he would come to that city at once. This morning Mr. Adams was seen
1ECA11E Si2sr Dessdt is Rsssi3 Ce Pec?I
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No. 620
Corset Department East Room
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at the hotel and said he was called to the phone by mistake. He said he did not go to Indianapolis for that reason. He does not know the Mr. Adams mentioned in the Indianapolis account. Frank B. Adams whom the Indianapolis authorities are hunting, was not in the city yesterday so far as can be learned. Mil EIICiMPMEIIT Y. M. B. C. to Send Invitation To Spanish War Veterans at South Bend. A letter inviting the Spanish American war veterans of the state to hold the 1910 encampment in this city will be sent to the officers of the encampment held in South Bend some time the latter part of July or the first part of August This was decided by the Y. M. B. C. directors as a more adviseable course to pursue than to send representatives of the club to the encampment. The letter will urge the different camps to support this city as a meeting place for 1910. The Young Men's Business club promises to support and promote the encampment with the aid of the local camp of the Spanish-American War Veterans, provided this city is chosen as the meeting place. The local camp will send a large delegation to South Bend. It not only hopes to secure the 1910 encampment for this city but will also boom the candidacy of Frank Kibbey as commander of the state organization.
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At the rate Nemo Corsets have been selling during the past couple of weeks we will make the figures of 1908 look sick. Why the Nemo Corset outclasses all others: Nemo Corsets are a combination of perfect comfort and smart style. Nemo Corsets are practical figure builders and remodelers. Every Nemo Corset does something for you that no other corset will do. Nearly every woman (in every country where corsets are worn) knows that the . NEMO SELF-REDUCING is the only corset ever made that really helps a stout woman to reduce her abdomen with perfect comfort and hygienic safety. It will improve any stout figure to an extent impossible to believe until you have actually seen it. The New Flattening Beck Shirt A device clearly shown in the illustration of Model style 520. This skirt is attached to the corset proper only at its top. Itproduces extreme reduction when you stand, and when you sit down it relaxes and you are as comfortable asitycaJicd . no corset on. Next time you are in, stop at ourcorsetcounter and learn the advantages of this wonderful NerrwCcrset, of which we have the exclusive sale.
MaEse tlEne todbty as DEifa MaMe as psssilMe
(Geo. W. 604-GC3 Main St Palladium Vant
Spedsl Cedy Presrea Friday rd Sztzrizy "Parted on Their Honeymoon" "He Wouldn't Go Under a Ladder"
tfceG. A.B." Hurrah ! Two
Our packed houses have gone wild over this picture. Yea really HEAR great gun boom in the battle seen on ship board. Our sound affects) "making" the Arcade. DONT MISS THIS GREAT NAVAL BATTLE!
720 Nemo Corsets Sett la 1CC3
Co.
by getting one of thoso easy ritiac Baby Cabs that wa has to offer. The prices are very attractive: FokUng Carts from $1.60 to $2.75. Folding Bead Carta from $1.4$ to $!. Cotlapsrble Carta open ckwe with one motion. $6-00 to $10.00. English Rectralnc and Perambulators of description. We solicit flDennEsei? Ads - Cent a VcsJ CisCOy Days LQcre I
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